Activist Bites into Invisalign & LUNR Commercializing our Solar System
Brew Markets
Uber, Rivian Robotaxi Partnership
Ann and John cover Uber's investment and plan to deploy 50,000 robotaxis and Rivian's expected R2 autonomous purchases.
Episode 147: Today, Ann discusses activist investor Elliott Investment Management’s new stake in Invisalign-maker Align Technology. The orthodontics company saw strong organic and acquisition-driven growth after its IPO, but shares have since fallen more than 75% from their all-time highs. Then, we break down earnings from Intuitive Machines - LUNR - and how the aerospace company is working to commercialize our solar system. Finally, Tesla stock falls after U.S. regulators expand their investigation into its self-driving technology, Rivian gains as it becomes Uber’s latest robotaxi partner and Five Below gets a boost after earnings.
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Stocks mentioned:
$ALGN
$LUNR
$TSLA $UBER $RIVN $UBER $FIVE
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